I'm gonna answer my own question, in case someone stumbles over this.
I used the cutwin package, as suggesten in this thread. (Thanks Schumacher for the link). The output came out pretty nice. Below is the actual code I used in my report.
\documentclass[12pt]{scrreprt}
\usepackage{graphicx,pstricks,cutwin}
\usepackage[onehalfspacing]{setspace}
\begin{document}
~\\[1cm]
\opencutright
\newcommand\Margins{%
0.68\linewidth,
0.66\linewidth,
0.64\linewidth,
0.64\linewidth,
0.66\linewidth,
0.68\linewidth,
0.74\linewidth,
1\linewidth
}
\renewcommand\putstuffinpic{%
\rput(0cm,-1.0cm){%
\includegraphics[width=0.4\textwidth]{raspberry_pi_logo}
}
}
\begin{center}
\begin{minipage}{.8\textwidth}
\begin{shapedcutout}{0}{8}{\Margins}\itshape\noindent
``The Raspberry Pi is a credit-card sized computer that plugs into your TV and a keyboard. It is a capable little computer which can be used in electronics projects, and for many of the things that your desktop PC does, like spreadsheets, word-processing and games. It also plays high-definition video. We want to see it being used by kids all over the world to learn programming.''
\end{shapedcutout}
~\\[-3em]\flushright --- The Raspberry Pi Foundation.
\end{minipage}
\end{center}
\end{document}

shapepar
at texdoc.net/texmf-dist/doc/generic/shapepar/shapepar.pdf.